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RBI seeks more powers against NPAs

DNMUM416133 | 6/14/2018 | Author : Edit | WC :215 | Opinion & Viewpoint


Reserve Bank of India (RBI)’s request to the government to withdraw its nominees from bank Boards stems from growing concerns over “conflict of interests”. It assumes importance at a time when banks are reeling under huge pile-up of bad loans and increasing number of frauds. The central bank nominates a director -- either a serving or a retired executive -- to each bank generally, and more than one member when the banks are in trouble.
While former RBI governor Raghuram Rajan proposed a similar move during his tenure, a committee headed by PJ Nayak in 2014 was not in favour of such a move. The main role of any director on the Board is to ensure that the bank is efficiently and professionally managed, and that the proposal coming
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Midsize Samurai
DNMUM416667 | 6/22/2018 12:00:00 AM | Author : Jay Patil | WC :931

Japanese major Toyota finally entered the mid-size sedan segment with the Yaris. Rivalling some of the most established cars in the segment, the Yaris has a tough challenge ahead with Maruti, Hyundai and Honda. On paper, the sedan seems t
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Born in the USA
DNMUM416668 | 6/22/2018 12:00:00 AM | Author : Arun Nadar | WC :651

The Harley-Davidson Low Rider is among the iconic American brand’s most popular motorcycles ever since made it made its debut in the 1970s. Given its straightforward and uncluttered lines, the Low Rider was also preferred by custom motorc
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Hyundai Creta
DNMUM416669 | 6/22/2018 12:00:00 AM | Author : Jay Patil | WC :478

Hyundai’s premium SUV was an immediate hit when it was launched in 2015. Buyers took to the SUV‘s styling, high ground clearance, quality interiors and the ease of driving it offered. So much so, even the premium pricing didn’t really aff
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New agri market reforms not finding favour with stakeholders
DNMUM416679 | 6/22/2018 12:00:00 AM | Author : Praveena Sharma | WC :419

New Delhi: Several government initiatives to address the flaws in the current agriculture marketing mechanism have not made much headway.The major ones like electronic National Agriculture Market (eNAM) and the new Agriculture Produce and
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